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Ahead of the Open | November 1, 2022 Wheat futures mostly lower as Ukraine shipments continue; soybeans rise to five-week high, corn weaker.
Wheat futures led strong overnight price gains in reaction to Russia’s temporary suspension of the Ukraine grain export deal over the weekend.
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Soybeans rebound from early declines to end firmer but still down for week; corn, wheat lower on demand concerns.
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Grain, soybeans futures heading for weekly declines amid demand concerns, dollar upturn.
Grain and soy complex futures were pressured overnight by outside markets and concerns about demand.
Corn futures drop following disappointing export sales; soybeans post modest gains, wheat ends lower.
Average cash steer price rises to the highest since 2015.